PA-VERTEX

Vertex,
Inc.
today announced it is significantly expanding the capabilities
and reach of its cloud platform. Success in the $500 million and below
market, the need for more efficient and agile technology in the tax
space and significant growth in cloud adoption are fueling enterprise
cloud expansion.

This enhanced offering, Vertex®
Cloud Indirect Tax, runs on
the most advanced tax calculation and returns software platform in the
industry, used by thousands of businesses from the largest corporations
in the world to the smallest ecommerce businesses. Vertex Cloud is
right-sized for any organization and is positioned to support all sales
and use tax needs.

Benefits of Vertex Cloud include:

Extended functionality for all types of businesses across the globe;

Reduced time and effort to perform tax calculations and returns;

Expanded connector footprints and support for additional ecosystems,
such as ERP, ecommerce, CRM and procurement solutions;

Support for sales tax, consumer use tax and value added tax (VAT)
across the globe; and

“Clients want scalability to support their businesses with the benefits
of cloud that can drive efficiency, while managing risk in an
increasingly digital world,” said David Henkin, vice president and
general manager of SaaS solutions at Vertex. “Vertex will continue to
invest in cloud applications for tax technology given the great success
we’ve had over the past three years with our small to medium-sized
business (SMB) solution, Vertex SMB. Cloud adoption and need has grown
tremendously, and in response to industry demand, our company is
expanding its cloud footprint to serve any type of client under the
Vertex Cloud platform,” Henkin added.

Vertex Cloud is the SaaS sales and use tax automation solution including
calculation and returns. Vertex Cloud offers multiple service levels and
flexible pricing models, meeting the needs of businesses of all sizes.
To learn more about Vertex Cloud formerly known as Vertex SMB, visit: https://www.vertexinc.com/why-vertex-cloud

About Vertex

Since 1978, Vertex,
Inc.
, has been a leading provider of tax technology and services,
enabling companies of all sizes to realize the full strategic potential
of the tax function by automating and integrating tax processes, while
leveraging advanced and predictive analytics of tax data. Vertex
provides cloud-based and on-premise solutions that can be tailored to
specific industries for every major line of tax, including income, sales
and consumer use, value added and payroll. Headquartered in
Pennsylvania, and with offices worldwide, Vertex is a privately held
company that employs over 900 professionals and serves companies across
the globe.